UCW Eloctric Caleulators developed Its annual manufacturing overhead budget for its master budget

for $2022$ as follows: $2$ marks

Expected Annual Operating Capacity: $90,000$ Direct Labour Hours

Variable overhead costs

Indirect labour

Indirect materials

Factory supplies

$$360,000$

Total variable costs

Fixed overhead costs

$27\mathrm{.}000$

Depreciation

$63,000$

Supervision

$450,000$

Property taxes

$72,000$

Total fixed costs

$70\mathrm{.}000$

Total costs

$12,000$

$154,000$

$$604\mathrm{.}000$

The relevant range for monthly activity is expected to be between $30,000$ and $100,000$ direct labour hours.

Instructions

Prepare a flexible budget for a monthly activity